Capital Investments
2021 Analysis: Investment in 2021 reflected recovery momentum with focus on green steelmaking and advanced technologies. USA led with major EAF-based thin slab projects and coating capacity. Russia invested in air separation and welded tube capacity. Notable green steel initiatives included Austria's 100% renewable-powered EAF and China's unmanned scrap processing facility. Projects emphasised flexibility and sustainability.
| Country ↕ | Company ↕ | Project ↕ |
|---|---|---|
| Austria | VoestAlpine | Specialty EAF |
| China | Baowu | Scrap Processing |
| France | Celsa | Bar Mill |
| India | KIOCL/RINL jv | Pellet Plant |
| India | RINL | Railway Wheels |
| Pakistan | Century Steel | Rebar Mill |
| Russia | Evraz | EAF/Thin Slab/HRC |
| Russia | Linde Group | Air Separation Unit |
| Russia | Tenaris / Severstal jv | Welded Tube - OCTG |
| Turkey | Erdemir Group | Vacuum Degassing |
| USA | Steel Dynamics | EAF/Thin Slab/HRC |
| USA | Nucor | HDG |
| USA | Nova Tube & Steel | Welded Tube - Longitudinal |
See also: analysis of plant and equipment suppliers
MCI maintains a database of over 1300 steel industry modernisation projects. This database contains individual modernisation records identifying the country, investor, facility, capacity impact, capital cost, capex cost per tonne, commissioning date etc. Please email info@steelonthenet.com
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